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SHIB Price Forecast: Shiba Inu bulls start to take control

  • SHIB price continues consolidating within a narrow range.
  • The recent retest of the underlying support could lead to a significant rebound.
  • A spike in buying pressure could see Shiba Inu rise at least 20%.

SHIB price seems ready to rebound after testing a critical area of support. 

SHIB price primed to jump by more than 20% 

In the following video, FXStreet's analysts evaluate where Shiba Inu price could be heading next as it holds above significant support.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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